The Webernick-1 well in the Mesquite A Prospect, Gulf Coast, Texas will be completed for production, based on positive gas, mud and petrophysical logs, and comparisons with nearby wells, according to partner Strike Oil.
The operator, Cypress E&P Corporation, is currently conditioning the well before running production casing.
Flow-testing to confirm commerciability is expected to begin early next month when appropriate equipment arrives, Strike said.
On Wednesday, Strike announced that extensive gas shows were recorded at Webernick-1, which reached a total depth of 3,719 metres. The company said the gas shows encountered in the primary objective Wilcox Formation sands were comparable to those recorded in the Shefcik-1, on the neighbouring Mesquite A Prospect in Jackson County.
Perforating, fraccing and production testing is currently underway at the Shefcik-1 well.
Three separate potential gas intervals are planned for production testing, Strike said.
Strike holds a 26.25% interest in Webernick-1 and Shefcik-1, with Cypress E&P Corporation as well operator.